FTSE 100 rallies as inflation fears ease

Traders on the London Stock Exchange floor (Alamy/PA) -

Stock prices in London closed in the green on Tuesday, as markets bounced back after Monday’s falls while a fall in the oil price cooled concerns around inflation.

The FTSE 100 index closed up 162.72 points, 1.6%, at 10,412.24. The FTSE 250 ended up 394.15 points, 1.8%, at 22,492.27, and the AIM all-share closed up 11.94 points, 1.6%, at 778.80.